Liquidity and Power
The landscape of liquidity is shifting as private markets offer new avenues for investors to unload shares, challenging the traditional IPO model. As capital becomes increasingly concentrated, the gap between the wealthy and the masses widens, raising concerns about the erosion of democratic influence. The notion that stock-picking can lead to success is questioned, with a call to prioritize low-cost investments instead, highlighting the ongoing transfer of wealth from the young to the old and from public to private hands.In this clip
From this podcast
The Prof G Pod with Scott Galloway
No Mercy / No Malice: Private
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